How many stocks Q: Australia?
A: Australian Stock Exchange, which has only one common stock ASX. Futures trading is also SFE. Ordinary shareholders only buy and sell common shares on ASX through securities firms (broker).
How do Q: enter the Australian stock market?
A: shareholders only need to select a broker, to trade shares through it and let it automatically manage your equity registration (CHESS sponsorship).
How do Q: Boker trade?
A: Broker usually offer telephone and internet two trading methods, counter trading is almost no. Also broker stock research and recommendation services are provided.
Q: what is the cost of buying and selling stocks?
The handling fee between A: broker is different, whether it is bought or sold, the internet handling fee is about 20 yuan per purchase, and the telephone is slightly more expensive than the internet handling fee.
How is Q: stock income taxed?
A: if a stock is held for less than a year, its net value added (profit minus handling fee) is fully accounted for in personal income.
Can Q: share loss deduct tax?
A: loss-making stocks can offset profits, but not personal income. If the current year is a net loss, the loss can be taken to the next year to offset the profit.
How do Q: save taxes?
A: if a stock is held for more than a year, its net value-added tax falls into the category of capital CGT, with only half of it fully credited to personal income.
How to tax Q: dividends?
A: annual dividend (dividend) is only personal income, it is impossible to apply CGT. In short, the tax is very complex, it is recommended that you fill in the tax form when the careful study.
Q: what is the structure of the Australian stock market?
A: Australia's two largest industries are resources, finance, other industries, media, biochemistry, energy, telecommunications and so on.
what companies do Q: resource stocks have?
The representative companies of the A: Resources Unit are BHP Billiton,Rio Tinto,WMC,Brambles. many other small companies.
what companies do Q: financial stocks have?
A: financial stocks are represented by four major banks and several major insurance companies.
What IT companies do Q: have?
A: australia's industry is underdeveloped, IT is even worse. The larger MYOB,solution 6 are all out of 100 in listed companies, and KAZ have recently been acquired by TELSTRA, Computershare is more right than a financial company than a IT company.
Q: other industries?
A: the media industry has Fairfx and several television stations, NEWS used to be australia's largest company, but now has the u.s. as the main listing. Retailers can guess woolworth and coles myer.
Q: which industry is more promising?
The only promising A: is biochemistry, CSL is the world's second-largest plasma manufacturer, Cochlear is one of the world's largest hearing aids manufacturers, and many smaller companies are often known overnight for the success of new drugs or devices.
Are Q: Australian stocks risky?
A: generally, belong to relatively low. especially compared with China and the United States stock market, the ups and downs are much smaller.
Q: what is the price/earnings ratio of the Australian stock market?
A: the average price-to-earnings ratio in Australia is only 14 times, this is also related to the huge proportion of financial companies.
Q: all stocks are so stable?
A: from the perspective of individual stocks, the vast majority of stocks are uneventful. But some stocks can double or fall by half in a day. But these feats are usually for a reason, not like the Chinese stock market let the makers hype.
Q: how to open internet broker?
A: download the application form online, fill it out and send it back. It is usually necessary to deposit a certain amount of money (usually thousands of dollars) in the associated account.
Q: which internet broker? do you recommend
A: if you buy and sell stocks alone, BROKER're almost the same. the larger BROKER have COMSEC,ETRADE,SANFORD,HSBC etc. COMSEC is COMMONWEALTH BANK subsidiary. ETRADE and ANZ are cooperative relationship.
If Q: don't bother, can you talk about several ways to trade (as far as I know, there seems to be automatic buying at the price) and so on
A: if ORDER TYPE have MARKET ORDER and LIMITED ORDER.
Q: what MARKET ORDER? is
A: is the market price list, do not fill in the price, buy directly at the current lowest selling price, or at the current highest buying price.
Q: what LIMITED ORDER? is
A: is the price limit. The price of buying or selling is up to you, and you may not be able to make a deal.
Can Q: recommend some nice stocks? Better be smalle
A: the smaller the face value, the easier it is to go bankrupt. A few-dollar stock market in Australia is a big catch, but no one will recommend them because they are similar to the lottery. This is not China, bankruptcy on the bankruptcy, the stock split the value, no one to save.
How is the number of Q: traders specified? Is there a minimum requirement? If so, what is it?
A: seems to have no rules. You can buy only one stock. But because the brokerage is generally more than 20 yuan, small business is obviously not cost-effective.
How can Q: reduce income tax by investing in the stock market?
A: , like investment houses, can offset other income by investing in the stock market through negtive gearing, which means that the interest generated by the loan investment is greater than the dividend income of the stock.
How do Q: negtive gearing invest in the stock market?
A: usually have margin lending and protected investment loan
Q: what margin leanding? is
A: is to make a portion of your own money (which can be stock or cash) and then borrow from a bank to buy the same stock (loans generally do not exceed 80% of the total investment, with different stocks). Interest on this part of the loan is tax deductible. But if the stock price falls to a certain range of buying prices (usually 5%), the bank will ask you to replenish your funds. marging lending interest is around 8% and the term is one to three years.
Q: what protected investment loan? is
A: It is a special margin lending. You can borrow 100%, and the stock is guaranteed. So the most you pay is interest. But the interest is very high (10%-20%), and not 100% can be deducted (because part of it is used to buy option hedging). ATO has Special ruling for each product. The general deductible interest rate is:
- 60 per cent per yea
- 72.5 per cent in 2 years
- 3 years 80 per cent
- 4 years 82.5 per cent
- 5 years 85 per cent
